Executive Summary
LHT Holdings Limited manufactures and trades in wooden pallets and timber-related products in Singapore, Malaysia, and internationally.
Snowflake
Fundamentals
Flawless balance sheet average dividend payer.
Share Price & News
How has LHT Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.0%
BEI
0.3%
SG Forestry
1.1%
SG Market
1 Year Return
-29.6%
BEI
-9.1%
SG Forestry
2.6%
SG Market
Return vs Industry: BEI underperformed the SG Forestry industry which returned -9.1% over the past year.
Return vs Market: BEI underperformed the SG Market which returned 2.6% over the past year.
Shareholder returns
| BEI | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | 0.3% | 1.1% |
| 30 Day | -2.9% | -2.8% | -0.3% |
| 90 Day | -10.7% | -4.7% | -5.9% |
| 1 Year | -26.1%-29.6% | -5.6%-9.1% | 6.7%2.6% |
| 3 Year | 0.9%-16.0% | -19.4%-24.5% | 15.5%3.2% |
| 5 Year | 33.2%0% | 9.6%1.9% | 12.0%-6.6% |
Price Volatility Vs. Market
How volatile is LHT Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
What Kind Of Shareholder Owns Most LHT Holdings Limited (SGX:BEI) Stock?1 month ago | Simply Wall St
These Fundamentals Make LHT Holdings Limited (SGX:BEI) Truly Worth Looking At2 months ago | Simply Wall St
Have Insiders Been Buying LHT Holdings Limited (SGX:BEI) Shares?Valuation
Is LHT Holdings undervalued compared to its fair value and its price relative to the market?
40.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BEI (SGD0.5) is trading below our estimate of fair value (SGD0.83)
Significantly Below Fair Value: BEI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BEI is poor value based on its PE Ratio (14.5x) compared to the Forestry industry average (13.6x).
PE vs Market: BEI is poor value based on its PE Ratio (14.5x) compared to the SG market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BEI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BEI is good value based on its PB Ratio (0.5x) compared to the XA Forestry industry average (0.8x).
Next Steps
Future Growth
How is LHT Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BEI's forecast earnings growth (11.2% per year) is above the savings rate (2.3%).
Earnings vs Market: BEI's earnings (11.2% per year) are forecast to grow faster than the SG market (5.7% per year).
High Growth Earnings: BEI's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if BEI's revenue is forecast to grow faster than the SG market.
High Growth Revenue: Insufficient data to determine if BEI's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BEI's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has LHT Holdings performed over the past 5 years?
8.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: BEI's earnings have grown by 8.7% per year over the past 5 years.
Accelerating Growth: BEI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BEI had negative earnings growth (-77.2%) over the past year, making it difficult to compare to the Forestry industry average (14.3%).
Return on Equity
High ROE: BEI's Return on Equity (3.6%) is considered low.
Return on Assets
ROA vs Industry: BEI's Return on Assets is below or equal to the Forestry industry average last year.
Return on Capital Employed
ROCE Improving: BEI is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is LHT Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: BEI's short term assets (SGD44.5M) exceeds its short term liabilities (SGD5.2M)
Long Term Liabilities: BEI's short term assets (44.5M) exceeds its long term liabilities (3.6M)
Debt to Equity History and Analysis
Debt Level: BEI is debt free.
Reducing Debt: BEI has no debt compared to 5 years ago when its debt to equity ratio was 8.1%.
Debt Coverage: BEI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BEI has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: BEI has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if BEI's debt is covered by short term assets.
Next Steps
Dividend
What is LHT Holdings's current dividend yield, its reliability and sustainability?
6.00%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: BEI's dividend (6%) is higher than the bottom 25% of dividend payers in the SG market (2.54%).
High Dividend: BEI's dividend (6%) is in the top 25% of dividend payers in the SG market (5.69%)
Stable Dividend: BEI's dividend payments have been volatile in the past 10 years.
Growing Dividend: BEI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (87%), BEI's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of LHT Holdings's salary, the management and board of directors tenure and is there insider trading?
11.6yrs
Average management tenure
CEO
Mui Yap 0
2.7yrs
Tenure
Ms. Mui Kee Yap has been the Chairman, Chief Executive Officer and Managing Director at LHT Holdings Limited since February 10, 2017 and has been its Executive Director since January 2, 1988. Ms. Yap has b ...
Management Age and Tenure
11.6yrs
Average Tenure
55yo
Average Age
Experienced Management: BEI's management team is seasoned and experienced (11.6 years average tenure).
Board Age and Tenure
16.4yrs
Average Tenure
65.5yo
Average Age
Experienced Board: BEI's board of directors are seasoned and experienced ( 16.4 years average tenure).
Insider Trading
Insider Buying: BEI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 46,100 |
| Max Price | S$0.52 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 58,500 |
| Max Price | S$0.66 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 20,000 |
| Max Price | S$0.67 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 267,100 |
| Max Price | S$0.68 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 100,000 |
| Max Price | S$0.69 |
Ownership Breakdown
Management Team
Sally Yap (55yo)
Company Secretary
- Tenure: 21.3yrs
Mui Yap
Chairman
- Tenure: 2.7yrs
Kim Tan (69yo)
Founder
- Tenure: 39.2yrs
William Yap
Senior Sales Manager
- Tenure: 34.3yrs
Billy Neo
Executive Director
- Tenure: 2.7yrs
Vincent Tan (50yo)
Financial Controller & Administrative Manager
- Tenure: 4.6yrs
Board Members
Kok Hiang Tan (69yo)
Non-Executive Lead Independent Director
- Tenure: 0yrs
Sally Yap (55yo)
Company Secretary
- Tenure: 21.3yrs
Peng Kit Low
Non-Executive Independent Director
- Tenure: 20.3yrs
Mui Yap
Chairman
- Tenure: 2.7yrs
Kim Tan (69yo)
Founder
- Tenure: 39.2yrs
Chiaw Ching Wu (62yo)
Non-Executive Independent Director
- Tenure: 12.6yrs
Billy Neo
Executive Director
- Tenure: 2.7yrs
Company Information
LHT Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: LHT Holdings Limited
- Ticker: BEI
- Exchange: SGX
- Founded: 1977
- Industry: Forest Products
- Sector: Materials
- Market Cap: S$26.622m
- Shares outstanding: 53.24m
- Website: https://www.lht.com.sg
Number of Employees
Location
- LHT Holdings Limited
- 27 Sungei Kadut Street 1
- Singapore
- 729335
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BEI | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Jul 1999 |
Biography
LHT Holdings Limited manufactures and trades in wooden pallets and timber-related products in Singapore, Malaysia, and internationally. It operates through four segments: Pallet/Packaging, Timber Related P ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 12:39 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.